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The following Commercial news provides comprehensive and up to date legal information on Commercial weekly highlights—5 February 2026
Fiduciary DutiesWho is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under...
RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes...
If a contract’s actual date and effective date are different, is the effective date enforceable?For the purposes of this Q&A we have assumed this...
Agent and principal relationships with third partiesThis Practice Note deals with the relationships arising between principals, agents and third...
What is the legal effect of a contractual obligation to ‘procure’ that something happens? How is this affected by adding the qualification ‘reasonable endeavours’?The obligation to ‘procure’ that something happens, creates an absolute obligation on a party to make sure that it does.The legal effect
AffirmationAffirmation is an indication of the intention to continue with a contract. Affirmation may arise in the case of:•a repudiatory breach of contract (including anticipatory breach (renunciation)), or•a misrepresentation which entitles the innocent party to rescind the contractIt is important
Structure and form of commercial contractsThis Practice Note describes the structure and form of a business to business commercial contract or agreement. It outlines the form which commercial agreements generally take and explains what information should be included in the contract document,
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
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